Citizens Bank Opens New Mortgage Wholesale Division in Farmington Hills, MI.Business Editors FLINT flint, mineral flint, variety of quartz that commonly occurs in rounded nodules and whose crystal structure is not visible to the naked eye. Flint is dark gray, smoky brown, or black in color; pale gray flint is called chert. , Mich.--(BUSINESS WIRE)--Aug. 1, 2000 Citizens Bank has opened a Mortgage Wholesale Division in Farmington Hills Far·ming·ton Hills A city of southeast Michigan, an industrial suburb of Detroit. Population: 81,400. , MI. The new office is located at 33493 West 14 Mile Road. Vice President Marianne Opt Thompson Thompson, city, Canada Thompson, city (1991 pop. 14,977), central Man., Canada, on the Burntwood River. A mining town, it developed after large nickel deposits were discovered in the area in 1956. , who recently joined Citizens Bank, will manage the division. Ms. Thompson has over 15 years of experience in the mortgage wholesale business. Bert Bojesen, Senior Vice President and Corporate Mortgage Services Manager, says the Citizens Bank Mortgage Wholesale Division looks forward to serving residential mortgage brokers. "Marianne and her experienced team have a history of building excellent relationships with mortgage brokers. Her demonstrated focus on delivering the highest level of service is the foundation of Citizens Bank's Clients First!(SM) philosophy," Mr. Bojesen commented. Ms. Thompson says she plans to strengthen and expand the new mortgage wholesale division's relationships with mortgage brokers. "During my years in the mortgage wholesale business I have developed good relationships with mortgage brokers. Citizens Bank's reputation, financial strength, and commitment to serving clients will allow our new division to enhance and expand those relationships," Ms. Thompson stated. Mortgage wholesalers buy loans originated by brokers, approve the loans before they close, and provide funding at the loan closing. Citizens Bank is a subsidiary of Citizens Banking Corporation, a diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment services company, providing a wide range of commercial, consumer, mortgage banking, trust investment and financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against services to a broad client base. With a long standing tradition of community banking, Citizens Banking Corporation serves markets through Citizens Bank offices in Michigan Michigan (mĭsh`ĭgən), upper midwestern state of the United States. It consists of two peninsulas thrusting into the Great Lakes and has borders with Ohio and Indiana (S), Wisconsin (W), and the Canadian province of Ontario (N,E). , suburban Chicago, Illinois Illinois, river, United States Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway. , and through F&M Bank offices in Wisconsin, Minnesota, and Iowa with 204 banking offices and 248 ATMs. Citizens has banking assets of $8.1 billion. Total trust assets are $3.55 billion. For more news and information about Citizens Bank visit www.cbClientsFirst.com. |
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